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Investment Highlights

  • Prime to convert 2nd floor offices to apartments, 100% leased retail portion. Ideal owner user for creative space or medical.

Executive Summary

MOTIVATED SELLER!
Office Owner-User Opportunity: Perfect for owner-user creative office or medical uses. The entire 2nd floor of approximately 15,000 SF is available.
Apartment Opportunity: May be able to convert second-floor offices to apartments. The building is engineered to add a 3rd floor for additional apartments according to the ownership. Buyer is advised to verify.
Redevelopment Opportunity: 23,880 SF corner lot that allows for mixed-use retail and residential development. Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor).
23,880 SF corner lot that allows for mixed-use retail and residential development. Zoning is Los Angeles City MU(EC) - Mixed Use (Exposition Corridor).
Alleys in the rear and west side of the building.
25,346 SF 2-story retail and office building built in 1987/88. Buyer to verify.
140’ of linear frontage on Venice Boulevard. 108’ on Motor Avenue.
9 Retail spaces on the ground floor totaling 10,346 SF. Buyer to verify.
The 2nd Floor has numerous windows, natural light, and private patios.
Elevator from the garage and ground floor to the 2nd floor.
Available Space
Office: Up to 15,000 SF of available space on the 2nd floor.
Retail: 9 street-level retail spaces. 100% leased.
Parking
28 ground-level retail parking spaces.
45 office parking spaces in an underground garage. Buyer to verify.
Contact listing brokers for income and expenses.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $638,225 $25.18
Other Income - -
Vacancy Loss - -
Effective Gross Income $638,225 $25.18
Taxes - -
Operating Expenses $140,151 $5.53
Total Expenses $140,151 $5.53
Net Operating Income $498,074 $19.65

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $638,225
Annual Per SF $25.18
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $638,225
Annual Per SF $25.18
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $140,151
Annual Per SF $5.53
Total Expenses
Annual $140,151
Annual Per SF $5.53
Net Operating Income
Annual $498,074
Annual Per SF $19.65

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,346 SF
Building Class
B
Year Built
1987
Price
$8,950,000
Price Per SF
$353.11
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.55 AC
Zoning
MU (EC) - MU (EC) Uses: Retail w/ Limited Manufacturing, Medical, Apartments. Churches, Schools, Auto Sales, R4 Uses.

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

From our love of food and travel, we searched the world looking for the best ingredients to create tacos for our valued customers! We came across many great recipes, some not so good, and and few awful versions too. Upon returning from our travels, having sampled countless Mexican flavors and ingredients. We realized that Los Angeles was in need of a proper taco! The goal to create amazing food was born. We knew we needed to create more than just an enticing smell; we needed to create an amazing flavor. Once we started grilling some of the highest quality carne asada, chicken, fish and other meats on an authentic rotisserie spit, just as they do on the streets of Mexico, mixed with all the finest and freshest ingredients that we had gathered, we knew we were creating something amazing.

  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • $50.04
  • Full Service
  • Jan 2025

Everytable is a Los Angeles-based social enterprise that is defining the future of food. Their mission is to make fresh, healthy meals affordable for everyone. Meals are made fresh from scratch each day at their central kitchen and sold through small footprint, Everytable company-operated stores. In 2019 they launched two new distribution channels to reach even more people across Los Angeles: a meal subscription service where customers can have Everytable delivered to their door or ready for pick-up on a weekly basis; and the Everytable SmartFridge, a tech-enabled vending machine they're placing at offices buildings, college campuses, medical buildings, etc. and keep it fully stocked with Everytable meals; employees just swipe a credit card and pick the meals of their choice!

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

The Jacobson Law Firm are here to protect your rights…. your rights as an injured worker… your rights as an immigrant… If you are looking for someone to take your side, you’re in the right place. The experienced attorneys at The Jacobson Law Firm, LLP have a rich history of experience and success representing clients in difficult circumstances. Immigration challenges, workers compensation claims, various issues with employers – all pit you against a company, organization, or government that has more resources than you. We can protect your rights and fight for you. You need an advocate – skilled, experienced, determined – for you to overcome the odds. That is what they do and why they are here. They are here for you when others aren’t.

  • Real Estate
  • -
  • -
  • -
  • -

Established in 1990, LA Apartments is a fast-growing leader in the multi-family rentals and property management industry. With over 130 properties in its portfolio, LA Apartments serves its core mission to provide friendly and affordable housing to communities throughout LA county. Our commitment is to deliver full-service management for our Tenants by providing specialized in-house leasing services, maintenance technicians and full corporate operations support.

  • Lilac Spa
  • -
  • -
  • $41.76
  • Triple Net
  • Sep 2029
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Subway began in 1965 when Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.

  • Retailer
  • -
  • -
  • -
  • -

Gateway Market Canada, operating under the Gateway Newstands brand, is a privately held convenience retail chain headquartered in Pickering, Ontario. Established in 1983, the company specializes in providing quick-service retail options in high-traffic locations such as office towers, shopping centers, and transit hubs. Its stores offer a range of products including snacks, beverages, newspapers, magazines, and essential everyday items. Gateway Market operates through a franchise model, supporting independent operators while maintaining brand consistency across its network. The company has built a strong presence in urban markets across Ontario and other Canadian provinces, focusing on convenience and accessibility for commuters and office workers. Gateway Market continues to adapt its offerings to meet changing consumer preferences, including the integration of grab-and-go food options and digital payment solutions.

  • Wonder Cha Boba
  • -
  • -
  • $38.04
  • Triple Net
  • Oct 2029
  • World Mission Society
  • Services
  • -
  • $30.12
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - - -
Accommodation and Food Services - - - -
Accommodation and Food Services - $50.04 Full Service Jan 2025
Professional, Scientific, and Technical Services - - - -
Real Estate - - - -
Lilac Spa - - $41.76 Triple Net Sep 2029
Accommodation and Food Services - - - -
Retailer - - - -
Wonder Cha Boba - - $38.04 Triple Net Oct 2029
World Mission Society Services - $30.12 Triple Net -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 1,000-7,000 SF
  • Office
  • -
  • Now

2nd floor offices available 1,000 to 7,000 SQFT

Space Size Space Use Position Available
2nd Floor 1,000-7,000 SF Office - Now

2nd Floor

Size
1,000-7,000 SF
Space Use
Office
Position
-
Available
Now

2nd Floor

Size 1,000-7,000 SF
Space Use Office
Position -
Available Now

2nd floor offices available 1,000 to 7,000 SQFT

Moderately walkable
60/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Smart & Final
The Coffee Bean & Tea Leaf
Philz Coffee
Chase Bank
CorePower Yoga
Equinox
Luna Grill
Tender Greens
Mendocino Farms
Starbucks

Property Taxes

Property Taxes

Parcel Number
4314-003-039
Land Assessment
$1,679,713
Improvements Assessment
$3,359,451
Total Assessment
$5,039,164
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
  • Listing ID: 40148173

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 10401-10419 Venice Blvd, Los Angeles, CA 90034

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